According to CIO India's Mid-Year Review 2014 survey, 48 percent of Indian CIOs are currently using, or planning to implement hybrid clouds in their organizations, compared to 35 percent last year.
As predicted by CIO Magazine in November 2013, Indian CIOs are looking at the hybrid cloud with new-found love.
According to CIO India's Mid-Year Review 2014 research, 48 percent of Indian CIOs are currently using, or planning to implement hybrid clouds in their organizations this year. This is compared to 35 percent last year.
This increase is directly proportional to a fall in private cloud adoption figures. Last year, 51 percent of Indian CIOs said they were using a private cloud or were considering its use. This year, that number is down to 37 percent.
Among companies with revenues of over Rs 10,000 crore, there's been a 10 percent dip in the number of Indian CIOs deploying or planning to deploy private clouds. That 10 percent are moving their investments towards public and hybrid clouds.
Integrating existing IT products, updating current infrastructure, and building a case for private clouds are seen as the top three hurdles among CIOs for launching private clouds within their organizations.
While public cloud adoption is gradually gaining ground, CIOs still observe a number of concerns such as security issues as well as vendor lock-in, which inhibits greater use.
The hybrid cloud, which offers a reasonable amount of control and keeps critical data secure, is seen as a way out.
The IT/ITeS sector is also showing renewed interest in the hybrid cloud. Companies deploying hybrid clouds have shot up by a massive 23 percent in the sector. Over 47 percent of Indian CIOs from the IT/ITeS are expected to complete their hybrid cloud deployments this fiscal.
For the healthcare and pharma sector, 42 percent of Indian CIOs are planning to use a hybrid cloud model this year because they believe that it gives them higher reliability, more security and better performance.
Unlike manufacturing, healthcare, and IT/ITes, the traditionally risk-averse BFSI segment is still skittish about public clouds. But even in the financial sector the number of CIOs currently using, or planning to use hybrid clouds has marginally gone up this year.